Do you like this property?

Property Description

Full description

Tenure:Leasehold

LOCATIONThe premises are located in a parade of shops in the centre of town linking Joy Street and the Pannier Market, to the rear of Banbury's High Street store making this a busy pedestrian thoroughfare, therefore ideal for passing trade. Operators within the parade include catering, hairdressers, nail bars, charity shops etc.

Barnstaple is North Devon's main commercial centre having a population in excess of 35,000 inhabitants, boosted throughout the year with the influx of tourists and serving a rural hinterland with a population in excess of 130,000 inhabitants. There are excellent road and rail links via the North Devon Link Road (A361) to Junction 27 of the M5 Motorway and via the Tarka Line to Exeter and the main railway network.

THE PREMISESThe property comprises of a ground floor lock up shop offering some 469 sq ft of retail space plus a further 202 sq ft of stock room and cloakroom. The premises have been used in the past as a lighting/electrical retailer and most recently as a ladies lingerie shop. It is ideally placed to take full advantage of passing trade and would suit a variety of operators.

TENUREThe premises are offered on the basis of a brand new lease with a commencing asking rental of £8,000 per annum exclusive on full repairing and insuring terms with the tenant paying a contribution towards insurance and repairs on the entire block. This is one of seven units in Market Parade owned by the same landlord. An incoming tenant will need to provide the usual trade and bank references for landlord's approval.

New lease terms available. A 3 year lease, with a tenant break option at 18 months. Commencing rental of £8,000 per annum in Year 1, rising to £9,000 per annum in Year 2.

The accommodation briefly comprises

MAIN SHOP
7.7m x 8.66m
Being 'L' shaped. In all offering approximately 469 sq ft. The premises narrow to the rear to 15'6" (4.72m)STOCK ROOM
5.33m x 2.64mSTAFF CLOAKROOM
Accessed through store room. With low level toilet and wash hand basin.RATEABLE VALUE
£12,000 per annum. UBR, as of April 2015, 49.3p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRCVIEWING
Strictly by appointment through the selling Agents.

More information from this agent

To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-52541042.html

How much will it cost me to call the number displayed on the site?

Map & Street View

Street View is unavailable in this location

Note:
The pin shows the centre of the property's postcode, and does not pinpoint the exact addressThe pin shows the exact address of the property
Street View is unavailable in this location
You're in the centre of the property's postcode.
Start exploring the local area from here.
Take me back to the start

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer-
Property reference BAR150405.
The information displayed about this property comprises a property advertisement.
Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or
associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars.
The information is provided and maintained by
Webbers Property Services, Barnstaple.
Please contact the selling agent or developer directly to obtain any information which may be available
under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales)
Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Are you selling this property?

Surrounding Areas

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent
if you have noticed an error with this property. If you are the vendor, please contact your agent directly.

London:

This site:

We use cookies
to optimise your experience on our website.
If you continue we'll assume that you are happy to receive our cookies.
However, if you would like to, you can
change your cookie settings
at any time.